Capital Outlay Archives

Can LGUs charge MOOE-related expenditures against their 20% Development Fund?

31 May 202131 May 2021GABOTAF2

[ad_1] Hi Gabby: We are currently conducting preliminary budget review on the 2019 ABs of barangays. There are cases where appropriations under 20% DF are in the nature of MOOE. Is this violative of DILG-DBM JMC No. 2017-7, item 2.3, which provides, all development projects xxx shall partake the nature of investment or capital expenditures? […]

Pwede bang mag-charge ng MOOE expenses sa budget para Capital Outlay?

2 Aug 20202 Aug 2020GABOTAF

Post Views: 921

What is Capital Outlay or Capital Expenditures?

10 Feb 2020GABOTAF

Capital outlay or capital expenditures is one (1) of the four (4) expense classification in Philippine budgeting system. It refers to an expenditure category/expense class for the purchase of goods and services, the benefits of which extend beyond the fiscal year and which add to the assets of the Government, including investments in the capital […]